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17846 Palora Street
Encino, CA 91316
$2,695,000
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
3636
Property Description
May 5th open house cancelled. PRIME Encino Luxury South of Ventura Blvd! Presenting 17846 Palora Street – A stunning two story custom home with a separate PERMITTED 1 bedroom ADU and gorgeous roof top deck with breathtaking mountain views! Located on a quiet cul-de-sac, in one of the best neighborhoods! A total of 3636 square feet of living area, on a majestic, 8000+ square foot corner lot that features an ultra-private, oasis like back yard. Impressive curb appeal with designer landscaping, privacy hedges, and a new custom paver driveway. The main house consists of four bedrooms and two and a half baths, approx. 3086 SQFT of living space, with an open concept, flexible floorplan. Multiple areas to host and entertain including a formal living area, wet bar, a family room/den with 19 foot volume ceilings and a granite fireplace, along with a grand formal dining room. Beautifully updated chef’s kitchen overlooks the spectacular backyard and is highlighted by a special built-in butcher block center island, granite counters, custom cabinets, stainless steel appliances, professional hood and cooking range, and luxury Italian flooring. Four bedrooms total including a huge primary bedroom suite on the first level, featuring an elevated sleeping area, built in cabinets, spacious walk in closet and large spa like en-suite full bath. Three additional generously sized secondary bedrooms are located upstairs, including one with it’s own balcony overlooking the grounds, all adjacent to another extra large full bath. Permitted ADU: newly constructed, 550 SQFT detached 1-bedroom/bath ADU with a separate address and entrance! Separate electric meter, brand new everything including kitchen/appliances/central HVAC, laundry, tankless water heater, along with an incredible, private, roof top deck. This estate style home also features a magnificent entertainer’s backyard with newly installed eco friendly turf, patio, pergola, mature landscaping and tropical palms! Other amazing updates and upgrades include: alluring red oak hardwood flooring. Brand new carpeting (with Nike padding!) dual pane windows, new exterior paint, Class A concrete tile roof, Level 2 EV charger, security system cameras with monitor and integrated audio speaker system. There’s even a convenient laundry chute from the 2nd floor into the laundry room! Centrally located to the best of Encino, award winning schools, multiple houses of Worship, shopping, restaurants, easy westside access and more.
Property Information
Lot Size
8,078 sqft square ft
Property Type
Residential
Year Built
1995
MLS Number
BB24068081
Location
Address
17846 Palora Street
City
Encino
State
CA
Zip Code
91316
County
LOS ANGELES (SANTA CLARITA)
Listing
Provider
Redfin Corporation, original listing
Name
Redfin Corporation
Phone
(949) 294-6186
Office Name
Redfin Corporation
Office Phone
(877) 973-3346
Agent Name
Arto Poladian

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.